Stress in the Non Banking Finance Companies (NBFCs) may pose risk in the financial system due to their overexposure to power and infrastructure sector and interconnectedness with other markets ...
Non-Banking Finance Companies’ (NBFCs) concentrated exposures, especially to the power and infrastructure sectors—the cause behind the 2016 bank distress—could trigger systemic issues ...
Kuhoo Finance, a fintech platform specialising in student loans, has received regulatory approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC).
(Freepik) The temporary workforce in non-banking financial companies (NBFCs) is driving financial inclusion and supporting underserved markets such as micro, small and medium enterprises (MSMEs ...
Bank lending to non-banking financial companies (NBFCs) grew at its slowest pace in four years, rising 6.7% in 2024 to Rs 16.22 lakh crore as of December, compared with a 15% growth in 2023.
They proposed that a dedicated fund with SIDBI or NABARD can be set up exclusively for funding NBFCs for on-lending to EVs and also pitched for subsidised interest rates through an extension of ...
Shares small-cap Non-Banking Financial Company (NBFC) Paisalo Digital ended the session on a positive note as the company announced the country’s largest PSU bank, State Bank of India (SBI), has ...
Axis Bank, India’s third largest private lender, is looking at a valuation of around $1 billion for its wholly owned NBFC (non-banking finance company) subsidiary, the people said. Investment ...
The World Bank's report outlined several key recommendations aimed at strengthening Non-Banking Financial Companies (NBFCs). It said, "Providing adequate financing for micro, small and medium ...
Stock Market today: Small-cap stock under ₹50, NBFC stock, Paisalo Digital Limited edged higher on Tuesday despite weak bias on Dalal Street as the benchmark Sensex was trading in the red.
The NBFC licence will allow Kuhoo Finance to offer student loans of up to INR 2 Cr from its own books With this, Kuhoo has joined the ranks of Fi, Groww, Jupiter and CRED, all of which entered the ...
Earlier, last week, the Reserve Bank of India took to reducing risk weight r loans on bank loans to NBFCs. And this Zee Business Managing Editor praised and said will augur well for both the banking ...